Apple is the latest streaming service to hike up the prices of its several streaming services. The company had previously raised the prices of its streaming services last October.
Apple confirmed the price increase in a press release, adding that existing subscribers will see it go into effect “30 days later, on their next renewal date.”
“The subscription prices for Apple TV+, Apple Arcade, Apple News+, and Apple One will increase in the US and select international markets beginning today,” the statement read. “Existing subscribers will see these price increases 30 days later, on their next renewal date. We are focused on delivering the best experiences possible for our customers by consistently adding high-quality entertainment, content, and innovative features to our services.”
Additionally, Apple told CNN that its price increase “reflects its continued focus on adding more high-quality content and features.”
Apple TV Plus will change to $9.99 per month. Apple Arcade will cost $6.99 per month and Apple News Plus will change to $12.99 per month. Lastly, Apple’s all-in-one plan Apple One has increased its individual price to $19.95 a month, its family plan to $25.95 a month, and its Premier to $37.95 a month.
Apple joins several other streaming services that have raised their prices this year, including Netflix which recently raised its price to $11.99.
Streaming services are one of Apple’s major sources of revenue, generating $21.21 billion during the company’s third quarter. These price increases are happening in the United States, the UK, and other regions that include certain parts of Europe.
